entusiasta y evolutivo una persona que aprende del día a día y de su entorno. por eso llegué al mundo crypto en apenas 3 años. a punto de cambiarlo todo
I was researching on various platforms ...it wasn't clear to me that tomorrow is the last view with the tech sec. technically it's around the end of next month.. and at the latest April.. although the case is won.. XRP can have a couple of dances like the ones we've been seeing. where traders make a fortune while holders get a small attack every time we see it drop.. without seizing the opportunity .. but it’s that fear that ends up cleaning out our accounts.. in my opinion we should establish a buy-sell strategy .. if I knew how to do it well.. until December 27. and then .. from there to the moon or 5-7 dollars which is good. but we have to hold on and not panic ... this will give us a good profit soon... happy holidays
Ripple CEO Brad Garlinghouse has issued a warning to the $XRP community amid major market and regulatory developments. Here are the key points you need to know: 📉 XRP Price Update ⭐ Current price: $2.38 ⭐ Volatility: Down $0.14 (-5.56%) from the previous. This price drop reflects the volatility of the cryptocurrency market, highlighting the importance of following news and trends.
I don't understand the currency code. I only know that I am in losses today because of holdears. Let's see when they teach me how to trade so I don't lose.
Binance’s $3.5 Billion Mistake: What Really Happened with PENGU?
Big news, crypto fam—Binance just fumbled big time with the Puddy Penguins ($PENGU) listing, and it’s got everyone talking.
Here’s the deal: for the first 30 minutes after PENGU went live, Binance showed its market cap as $350 million instead of the actual $3.5 billion.
That’s not a minor slip—it’s a billion-dollar blunder that led to wild trading chaos.
Turns out, the issue was caused by a delay in updating token info from CoinMarketCap (CMC), Binance’s main data provider.
The good news? Binance jumped on the problem quickly, worked with CMC to fix it, and then owned up to the mess with a public apology.
But they didn’t stop there—traders who got caught in the madness during the 14:00 to 14:37 trading window on December 17 will be compensated with a whopping 135 million PENGU tokens in airdrops.
Binance has also promised to step up their game, with plans to explore alternative data sources and tighten reviews with CMC.
It’s a costly lesson for the exchange, and a reminder for traders to always stay sharp, even on the biggest platforms.
SCHEDULE of the CRYPTOBUS to get on and off the shopping train!!!
LIVE
Arla Cherven AwRh21
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Rise and fall of cryptos
Times when cryptocurrencies tend to rise and fall
1. Between 1:00 AM and 4:00 AM (GMT-5) - In this interval, cryptocurrencies usually experience corrections or declines due to the decrease in market activity after the closure of traditional markets in the US and Europe. - Investors often close positions during this quieter phase, which can lead to a slight drop in prices.
2. At noon (12:00 PM - 1:00 PM GMT-5) - At this time, after the cryptocurrency market has opened in Asia and has begun to stabilize, it is common to see a pause in upward movements. Some traders operating in Asia have already closed their positions and may generate drops before US traders fully activate.
I bought at 0.50 eur and accumulated 8900 xrp. now ...multiply by 0!!! I hope to double and I regret not having trusted my friend earlier. the current topic is 20000
LIVE
Sirduarte
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I'm going to share my little experience with crypto $XRP . At the beginning of the year in February, I had a good amount of XRP.
XRP is around $0.47, I had accumulated around 2,020.74 XRP.
At that time, I was reaching my goal, believing a lot in a rocket, but investing the money you need is a bad thing, because the money doesn't complete the mission it needs.
Unfortunately, some unforeseen events happened and I had to sell it in March. I soon accumulated that amount worth $0.45 and sold it for $0.60, a little compared to today's price. (Oh, I was super happy about that, but imagine that same amount today)
What I learned;
Invest the money you won't need.
Don't be anxious about wanting a quick profit, unless you're a #trader, in my case I'm a #HOLDER.
I don't regret selling at that time, but if I had forgotten that amount, I would be much better off today. In Brazilian real currency, I had invested around R$500.00, which today would be around R$30,000. How did that happen? Time, literally time, look at the screenshot.
Now XRP is positive. And the news says that the SEC is planning to use XRP, is that true?
The RLUSD, a stablecoin backed by Ripple, has already been approved by the New York Department of Financial Services (NYDFS) and was officially launched on December 4, 2024. This stablecoin is designed to be 1:1 with the US dollar, backed by dollar deposits, US Treasury bonds, and other cash equivalents.
The RLUSD aims to complement XRP within the Ripple ecosystem, especially in cross-border payments. This stablecoin will offer greater stability and reduce volatility, which is crucial for institutional users. Ripple has also indicated that the RLUSD will integrate with XRP to leverage its liquidity and enhance its functionality in the markets.
Regarding its impact on XRP, the RLUSD could indirectly benefit the cryptocurrency by increasing the use of the Ripple network and strengthening its ecosystem. However, the price of XRP will depend on multiple factors, including the outcome of Ripple's legal case against the SEC and the general adoption of its technology.
I mentioned that I see the project well in the long term. But do not let yourself be influenced by the data. There is no credible evidence that the SEC is planning to use XRP for its operations. Recent news about XRP focuses on the legal developments of the Ripple vs. SEC case. Currently, both parties are involved in an appeals process following the 2023 ruling that determined XRP is not a security when sold to retail investors, but it could be in institutional sales. Although there is speculation about a possible settlement between Ripple and the SEC, no future collaboration or intention from the SEC to adopt XRP for its purposes has been confirmed.
While these speculations may influence the market and generate interest, it is important to stay updated with reliable sources and verify information before making decisions based on rumors.
I think comparing this bullrun to 2021 is a mistake & we should be looking closer to 2013 & 2017. I believe the 2021 run had the wind knocked out of its sails by COVID, an overly aggressive SEC & many other factors.
This time around we should have an SEC & government that is Bitcoin/Crypto friendly. We have counties, states, & institutions rushing in to create Bitcoin reserves.
If you remember 2017 everything was flooding into Bitcoin then ETH as an entry to the ICO market, which later caused the crypto winter.
This time #Bitcoin is the target for most of these major players. Yes, there will still be an awesome Altseason. I just think those calling $150k - $250k might be a little low on their $BTC ATH estimates this time around.
Like with all bullruns outside influences play a big role, but if the US government becomes more friendly, they ease up on regulations and the world follows (as indicated), we could see a run closer to 2017, which would spill over into the rest of the market.
That fact is, we've hit adoption. Major counties are now recognizing Bitcoin. The Fed recognized it as Gold 2.0 and we're not even in 2025 yet. I believe we have a lot of room to move up in 2025. Probably not to $1M, but I think $500K is entirely possible. NFA
XRP's all-time high (ATH) was reached on January 4, 2018, when the price reached approximately $3.84 according to market average data.
Reasons behind XRP's all-time high:
1. Cryptocurrency boom in 2017-2018:
During this period, the cryptocurrency market was on a huge bull run driven by the growing interest in digital assets, ICOs (Initial Coin Offerings), and massive speculation.
Bitcoin reached its all-time high (at the time) of ~$20,000 in December 2017, dragging down other cryptocurrencies, including XRP.
2. Ripple's popularity as a payment network:
Ripple Labs, the company behind XRP, was actively promoting its technology for fast and cheap transactions between financial institutions.
It was announced that major banks and financial institutions were testing the RippleNet network, raising expectations of mass adoption. 3. Low barrier to entry:
XRP had a low price compared to Bitcoin and Ethereum, which attracted retail investors looking to buy large amounts of a cryptocurrency with high appreciation potential.
4. Speculation and hype:
During the rally, there was a strong speculative component across the market, and XRP was no exception. Its narrative as "the currency of the banks" and its speed in transactions attracted many traders. --- What happened after XRP's all-time high?
1. Market crash: Starting in January 2018, the cryptocurrency market entered a long bear market (crypto winter). XRP, like other cryptocurrencies, lost most of its value in the following months.
2. Legal challenges and competition:
The SEC lawsuit in December 2020 (alleging that XRP was an unregistered security) added negative pressure. In addition, other cryptocurrencies such as Ethereum and new blockchain networks began to attract the attention of developers and investors, reducing interest in XRP.
Although XRP has not regained its all-time high since then, it remains re